By making an optimistic assumption about what it might earn someday, Goodyear minimizes the pension cost it figures into its earnings statement today.
In the earnings statement, Mr. Freiberg noted "continued solid progress across the firm".
That might be a good quote to include in Google's next earnings statement.(Photo credit: AFP).
In its earnings statement Aug. 15, it acknowledged that margins were getting squeezed.
But the pages include no balance sheet, no earnings statement, no cash flow statement.
The original earnings statement showed profit of $629.3 million, or $2.14 a share.
And if expenses don't belong in the earnings statement, where in the world do they belong?
The earnings statement did not mention the additional $1.2 billion equity write-down.
"Trading conditions remain tough," Trevor Matthews, the chief executive of Friends, said in the earnings statement.
"Trading conditions remain tough," Trevor J. Matthews, the chief of Friends, said in the earnings statement.
"The company's oil refining facilities are currently operating at full capacity," Sinopec said in its earnings statement.
